Second Quarter Review and Outlook
Wednesday, July 17, 2024
What Just Happened? The U.S. equity market (S&P 500® Index) notched a gain of nearly 4% in the June quarter. Considering the challenges of the quarter, the market’s “good-but-not-great” Q2 June performance deserves respect. Those challenges included (1) higher-than-hoped inflation – still above the Federal Reserve’s 2% goal – and, thus, (2) no interest rate relief from the Fed. The bank’s base interest rate has been 5.25-5.50% for a full year. At the start of this year many economists predicted the Fed would cut rates four or five times in 2024. Now, most Fed watchers expect the bank to cut rates just once or twice in the second half, if even that.
Dennison T. Veru
Senior Partner,
Chief Investment Officer
Lorraine R. Salvo, CFP®, CDFA®
Managing Director,
Private Wealth Management & Head of Financial Planning
Michael Feiler
Partner,
Private Wealth Management
Wendy Popowich
Managing Director,
Private Wealth Management
Bernard Picchi, CFA
Managing Director,
Private Wealth Management
Catherine Carpenter, FPQP®
Assistant Vice President,
Client Relations & Strategic Initiatives
Arely Quintanilla
Associate,
Client Relations & Technology
Roseann Heffernan
Assistant Vice President,
Client Relations
Wednesday, December 18, 2024
Palisade Sponsors Englewood Health Foundation Breakfast Club
We were thrilled to support the Englewood Health Foundation's Breakfast Club event at the beautiful Montammy Golf Club! ...
Wednesday, December 11, 2024
Financial Planning Blog December 2024
The Surprising & Undeniable Power of Simple Lists in Financial Planning
Friday, November 15, 2024
Financial Planning Blog November 2024
Why your money story matters & what it says about you!
Friday, November 8, 2024
Dan Veru Appears on CNBC
Palisade Chief Investment Officer Dan Veru appeared on CNBC this morning to discuss US interest rates, the China trade, ...
Thursday, November 7, 2024
Trump Victory: What Lies Ahead for Markets?
Markets rallied strongly today following President Trump's decisive victory. Palisade Chief Investment Officer Dan Veru...
Tuesday, November 5, 2024
The Presidential Election: Policy Implications for Financial Markets
Click here to watch an informative virtual discussion in advance of the 2024 election, led by Palisade Capital Managemen...